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Is Talkspace a good company?
Although Talkspace says 80 percent of its users found the tool to be as effective as traditional therapy, text therapy may not be suitable for every person. It’s important to understand your preferences and lifestyle choices and research what methods may work best for you. Talkspace does not offer group counseling. Talkspace is an online therapy startup that offers confidential therapy with a network of licensed therapists. Talkspace’s mission is to make a billion people happy. Currently Talkspace provides mental health tests for depression and anxiety (generalized anxiety disorder) symptoms. Talkspace requires you to pay more if you want to do live sessions, and your costs go up further if you’d like to have access to both live therapy sessions and messaging. Betterhelp, though, includes all of these options in its base fee. However, Talkspace does offer more in terms of options. The Talkspace psychiatry network includes licensed telehealth psychiatrists and nurse practitioners who specialize in psychiatry and can prescribe mental health medications.
What kind of company is Talkspace?
Talkspace is a leading virtual behavioral healthcare company enabled by a purpose-built technology platform. As a digital healthcare company, all care is delivered through an easy-to-use and fully encrypted web and mobile platform, consistent with HIPAA and other state regulatory requirements. Talkspace allows you to choose from three therapist matches, and you can switch therapists if you choose to. The platform allows you to reach your therapist at any time through text, audio, picture, and video messages, and you receive a guaranteed response during weekly business hours. Talkspace is available to those outside of the United States, as long as you can access our platform via the internet. If you live outside of the United States, keep in mind that our prices are in US dollars ($), and most of our providers live in U.S. time zones. All chat data on our servers, as well as all communication that happens between our software and the servers, is encrypted. For extra security, Talkspace allows members to enable two-factor authentication (2FA) in addition to their password at login.
Is Talkspace expensive?
Talkspace costs between $65 – $95 per week, whereas BetterHelp costs between $60 – $90 per week. There are ways to decrease your bill for both, including getting billed upfront for multiple weeks or months at a time. Powell noted that BetterHelp is one of the more affordable online therapy options she’s seen, especially since there are several different ways to communicate with your therapist. Prices range from $60 to $90 a week, depending on how many live sessions you want to schedule. You’ll be billed monthly. The professional YouTubers, who shared personal mental health struggles as part of their ads, faced backlash when it came out that they were paid for each customer who signed up for BetterHelp through their unique links—sometimes up to $200 per person. Upon investigation, evidence suggests that BetterHelp may have lured users into expensive subscription plans unknowingly with misleading promotional offers and a confusing enrollment process, obscuring the fact that BetterHelp enrolls consumers into monthly paid subscriptions.
What’s it like working at Talkspace?
Talkspace has an overall rating of 2.8 out of 5, based on over 295 reviews left anonymously by employees. 33% of employees would recommend working at Talkspace to a friend and 29% have a positive outlook for the business. This rating has decreased by -12% over the last 12 months. Talkspace appears to enjoy large margins from its text-based therapy business. In 2019, the startup brought in $20 million in profit at a 51% margin, according to a slide shared with investors. For 2020, the company expects $47 million in profit with a 63% margin. Talkspace wasn’t profitable in the last twelve months, it is unlikely we’ll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. This depends on your caseload. On average, Talkspace therapists carry a caseload of 25-35 clients. You’ll be expected to spend about 10 minutes a day per every client check-in. And finally, remember — Talkspace’s therapists are always licensed and have over 3,000 hours of clinical experience. No matter what you need help with, they’ll be able to guide you, whether it’s face-to-face or via text. Does Talkspace offer cognitive behavioral therapy? Talkspace offers cognitive behavioral therapy sessions in its private, virtual platform. Plans include the ability to message with your licensed therapist daily, and some include live online CBT therapy sessions (video, audio, text).
Who is Talkspace owned by?
Co-founded by Roni and Oren Frank in 2012, Talkspace promotes behavioral health as a lifestyle, not as a one-time event. Is Talkspace effective? Talkspace reports that 98% of users found its platform more convenient than traditional in-person therapy, and 80% felt Talkspace was as effective or more than traditional therapy. Talkspace has 496 employees What industry does Talkspace belong to? talkspace.com’s top 5 competitors in November 2022 are: psychcentral.com, betterhelp.com, goodtherapy.org, verywellmind.com, and more. NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) — Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced that it has appointed Dr. Jon R. Cohen, a board director since September 2022, as its new Chief Executive Officer. Talkspace says they can collect a lot of personal information on users, including name, email, address, phone number, gender, relationship status, employer, geolocation information, chat transcripts and more.
Where is Talkspace based?
Talkspace is an online and mobile therapy company based in New York City. It was founded by Oren and Roni Frank in 2012. Co-founded in 2012 by Oren and Roni Frank, Talkspace is a popular online mental health platform that offers therapy to teens ages 13 to 17 via smartphone app, desktop, tablet, or laptop. But Talkspace, like some of its competitors, promises clients that they can remain anonymous. When a client is anonymous, the therapist may not be able to report suspected child abuse, or intervene when a client is dangerous to themselves or others. Using the Talkspace App Talkspace does not sell client information to third parties. That said, when you compare the closest plans, BetterHelp is significantly cheaper at $80 per week than Talkspace at $129 per week (note that BetterHelp’s sessions range between 30 and 45 minutes long, while Talkspace’s are exactly 45 minutes long).
Who pays better Talkspace or BetterHelp?
That said, when you compare the closest plans, BetterHelp is significantly cheaper at $80 per week than Talkspace at $129 per week (note that BetterHelp’s sessions range between 30 and 45 minutes long, while Talkspace’s are exactly 45 minutes long). Talkspace costs between $65 – $95 per week, whereas BetterHelp costs between $60 – $90 per week. There are ways to decrease your bill for both, including getting billed upfront for multiple weeks or months at a time. The professional YouTubers, who shared personal mental health struggles as part of their ads, faced backlash when it came out that they were paid for each customer who signed up for BetterHelp through their unique links—sometimes up to $200 per person.